Presented by: COMPASS
$4,000,000
1311 R St NW, Washington, DC 20009
- 6Beds
- 8Baths
- -SqFt
- 6Beds
- 8Baths
- -SqFt
- Property TypeTownhouse
- Year Built2018
- On highrises37 Days
Property Details
A rare investment opportunity in the heart of one of the most sought-after neighborhoods in all of Washington, DC. Located on a gorgeous tree-lined street just steps to bustling 14th Street and U Street corridors, this offering comprises of two newly built attached properties that were developed as luxury condos in 20018. The current owner has operated both buildings as corporate and/or short term rentals. The buildings collectively are earning an Annual NOI (Net Operating Income) of $583, 000. The Cap Rate is just over 12%. This assemblage is an ideal turn-key investment opportunity for a first-time or seasoned investor, and/or Landlord Occupant.
Property Features
Bedrooms
- Bedrooms: 6
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Noel Sesay
- Brokered by:
- COMPASS
- (202) 386-6330
